Mortgage rates tipped to stay steady after OCR

  • A mortgage broker says banks are unlikely to make any changes to home loan rates after the Reserve Bank kept the official cash rate on hold this morning.

The central bank left the rate at 2.25 per cent – a record low for New Zealand – in line with economists’ predictions.

READ MORE VIA NZHERALD

Steady

Home loan rates are expected to remain at current levels after the Reserve Bank kept the official cash rate on hold this morning. Photo/Michael Craig.

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